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Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s):  IVPAF

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.


TSX:IVN - Post by User

Bullboard Posts
Post by bloomfield18on May 14, 2020 4:48pm
338 Views
Post# 31029750

Pumpers Are Free to Present the Facts

Pumpers Are Free to Present the Facts

Too Good For Me and Alvarez,

There is nothing stopping you from presenting facts that refute each of my points. You never do because you can't. So Instead you launch personal attacks as a diversion from the facts. These are:

1) Chinese state miners, Zijin and CITIC will be in a position to acquire majority control in less than three years. They only need 7%, and they can then disregard retail investors such as yourselves, and do whatever they want. You can't say that's not the truth. So, all these projects may be outstanding, but none of you will be around long enough to enjoy the proceeds. 
There is no long term window for IVN. There is a long term window for Zijin and CITIC.

2) Notwithstanding euphoria in stock markets, the global economy is rapidly circling the drain. That's not going to help the market for industrial metals over the next few years. And you only have a few years.

3) The new mining law in DRC prohibitively punishes mining companies. We'll find out just how much when the DFS comes out with the revised NPV.

5) IVN is now a trading stock. It's disconnected from fundamentals. By this I mean the fundamentals of IVN, not the fundamentals of Kamoa-Kabula, Platreef and Kipushi. All three are world class projects. Once again though, there is no long term. You have a little less than three years before China controls the Company. And three years from the standpoint of December 2019 doesn't look anything like May 2020. We've gone from the best economy in fifty years to the worst economic disaster since 1929. Not a great time to flog a mine -- but a great time to pick off valuable properties cheap.


 

 

Bullboard Posts